AUG 24 17 SIT EC y POL
ND denuncia debacle d Globaliz neoliberal y
propone State-Social + Capit-compet in Econ
ZERO HEDGE ECONOMICS
Neoliberal
globalization is over. Financiers know it, they documented with graphics
Don’t open this site .. is too depressing: Stocks
& Bonds Stumble On Donald's Debt-Ceiling-Doubts & Harvey Hammering
Houston
Just see the ones below:
"The poobahs at the Fed would like financial conditions to
tighten, but the past year’s loosening in conditions - even as the Fed nudged
policy rates higher - seems a happy coincidence... Eventually, policymakers should get their wish.
Financial conditions, like many things in life, don’t remain winsome, warm and
welcoming forever..."
----
----
Yesterday afternoon at around 1450ET, someone placed a huge 10,750
contract bet on the eurodollar strip - hoping that Janet Yellen
will flip-flop back to her hawkish side and reignite expectations for a faster pace of
interest-rate increases when she speaks tomorrow in Jackson Hole.
----
----
The S&P put skew is now at the highest
level on record, making the relative price of tail hedges the highest in 13
years as traders are quietly bracing for a sharp market crash.
----
----
POVERTY in AMERICA:
"Living
paycheck to paycheck is the new way of life for U.S. workers. It's not just
one salary range. It's pretty much across the board, and it's trending in the
wrong direction."
…
Is your family forced to count down the days each month
until the next paycheck arrives? If so, you're part of a staggering, and
growing, majority of households in America, the richest country on the planet,
that is forced to do the same.
According to a new poll conducted by Harris
Poll on behalf of CareerBuilder, over three-quarters of American
households are forced to live paycheck to paycheck to make ends meet.
More
than three-quarters of workers (78 percent) are living paycheck-to-paycheck to
make ends meet — up from 75 percent last year and a trait more common in women
than men — 81 vs. 75 percent, according to new CareerBuilder
research. Thirty-eight percent of employees said they sometimes live
paycheck-to-paycheck, 17 percent said they usually do and 23 percent said they
always do.
Having a
higher salary doesn't necessarily mean money woes are behind you, with nearly
one in 10 workers making $100,000 or more (9 percent) saying they usually or
always live paycheck-to-paycheck and 59 percent in that income bracket in debt.
Twenty-eight percent of workers making $50,000-$99,999 usually or always live
paycheck to paycheck, 70 percent are in debt; and 51 percent of those making
less than $50,000 usually or always live paycheck to paycheck to make ends
meet, 73 percent are in debt.
Not surprisingly, the problem is even worse for minimum wage
workers, 54% of whom say they have to work more than 1 job to cover their
monthly expenditures.
The majority of workers (81
percent) have worked a minimum wage job, and 71 percent of them were not able
to make ends meet financially during that time — more
than half (54 percent) had to work more than one job.
To alleviate some financial burden,
83 percent of employers that are hiring minimum wage workers this year (45
percent) will be raising the minimum wage at their organization.
Meanwhile, 57% of households say
they can't afford to save even $100 a month.
Less than a third of workers (32 percent) stick to a clearly
defined budget and a slight majority (56 percent) save $100 or less a month:
- None: 26 percent
- Less than $50: 15 percent
- $51 to $100: 16 percent
- $101 to $250: 14 percent
- $251 to $500: 11 percent
- $501 to $750: 5 percent
- $751 to $1,000: 4 percent
- More than $1,000: 10 percent
The scariest part of the poll, as CBS points
out, is that the number of people living paycheck to paycheck is actually
growing despite the fact that the Fed and our politicians continue to brag
about near 'full employment.'
The survey highlights a troubling
trend in household finances: More than eight years since the end of the recession,
the share of Americans who are living on the financial edge is growing,
said Mike Erwin, a spokesman for CareerBuilder. While some may want to blame
Americans' spendthrift ways, Erwin pointed to two trends that continue to put
financial stress on households: stagnant wages and the rising cost of
everything from education to many consumer goods.
"Living paycheck to paycheck
is the new way of life for U.S. workers," he said. "It's
not just one salary range. It's pretty much across the board, and it's trending
in the wrong direction."
Meanwhile, employers seems to see straight through the 'full
employment' charade because wage growth continues to be completely
nonexistent...an outcome that would seem inconceivable in an under-supplied
market.
Weak
wage growth is partly to blame for the financial stress felt by many
Americans. Median household income is still stuck in low gear, with the U.S.
Census reporting only one year of income gains since 2007, the year the
recession officially started.
The end
result: American households are still earning 2.4 percent below what they
brought home at their income peaks in 1999. At the same time,
expenses for food, fuel, education, housing and other costs have risen.
"Jobs
have come back, but we haven't seen salaries rebound," Erwin
said. "Right now we are in a time when the cost of living is way outpacing
the amount of money that people are getting through raises."
Of course, the real question is precisely how many of these households live
in a McMansion that's 2x larger than what they need for their family and drive
around in brand new BMWs that get replaced with new leases every 3 years?
----
----
"...only
the Bond Bubble can justify the Equity Bubble. Meta-markets, where
bubbles justify one another. A drunken man who
drives home another drunken man. Prosaically, Equities' valuations
are not as insane as bond valuations, but that does not
make them cheap."
----
----
On a
relative basis, compared to the developed world, North American stocks peaked
on November 23, 2016, and have since
underperformed by about 4% (in USD). Here's
why...
----
----
The signs are everywhere for those willing to look: something has
changed beneath the surface of complacent faith in permanent growth.
----
----
Recession ahead
Mauldin:
2 Charts Confirm A US Recession Within 18 Months Perhaps before
"Maybe this time is different, but we know from all
kinds of other data that a recession should strike soon - by which I mean that one is quite possible in the next
12–18 months."
----
----
Fake economy:
Great
News Americans - according to
Bloomberg's latest survey, you are the most
'comfortable' since 2001! THERE'S
JUST TWO THINGS WE WANT TO KNOW...
----
----
POLITICS
La seudo democ y sist duopolico es obsoleto por fraudulento y
corrupto. Urge cambiarlo
Money in:
"...how
can anyone be truly surprised that Donald Trump has now changed his mind [about
Afghanistan]... As he has become increasingly isolated
politically, he has seen an opportunity to shore up his political base with yet
another military expansion - one that's likely to come with a lot more
spending."
----
----
"...a financial crash won’t look so bad for Trump if it comes
out of nowhere. What
the elites really need is a financial crash that can be easily pinned on the
President, and it appears that they may finally have it"
----
----
WORLD ISSUES and ME
Global depression is
on…China, RU, Iran search for State socialis+K- compet. D rest in limbo
Israel
is threatening to escalate military action in Syria against perceived Iranian
interests. This week Netanyahu declared, "we
will act when necessary according to our red lines" while
hinting he prefers ISIS presence in Syria as opposed to Iran aligned fighters
at his border.
[[ Pure imagination: Netasyahu no tiene cojones para
decir eso. Pero es claro que si Israel-US y NATO allies atacan Iran.. es Israel quien
desaparece del mapa .. Dimona estalla ]]
----
----
DEMOCRACY NOW
US politics crisis:
Trump captured by Deep state to reproduce old cronyism without alter-plan
----
----
Trapped
in Raqqa: Amnesty Says Civilians Caught in "Deadly Labyrinth" As U.S.
Intensifies Airstrikes
----
----
----
GLOBAL RESEARCH
Global Econ-Pol
crisis leads to more business-wars:
profiteers US-NATO under screen
Video: Syrian Army with Support of Russia and Iran
Defeating Islamic State (ISIS-Daesh) in Central Syria By South Front
----
----
----
US
Military Bio-labs in Ukraine, Production of Bio-weapons and “Disease Causing
Agents” By Goran Lompar,
----
----
INFORMATION CLEARING HOUSE
Deep on the US
political crisis, their internal conflicts n chances of WW3
A Military Junta is Now Ruling the United
States By Moon Of Alabama
----
Korea, Afghanistan and the Never Ending War
Trap By Pepe Escobar
----
North Korea, An Aggressor? A Reality Check By Felicity Arbuthnot
----
No Wonder US Forces in Morale Crisis By Finian Cunningham
----
A History of John McCain’s Calls for War By Jim Carey
----
Pentagon Makes a 20-year Plan, While
Washington Outsources Its Color Revolution
By Scott Humor & Kulak This 20-year plan written in 2012
By Scott Humor & Kulak This 20-year plan written in 2012
----
How We Know The So-Called “Civil War” Was Not
Over Slavery
By Paul Craig Roberts
By Paul Craig Roberts
----
Freedom for the Speech We Hate: The Legal Ins
and Outs of the Right to Protest
By John W. Whitehead
By John W. Whitehead
----
Did the Economy Just Stumble Off a Cliff? By Charles Hugh Smith
----
----
COUNTER PUNCH
Pepe Escobar Korea,
Afghanistan and the Never Ending War Trap
----
Lawrence Davidson Trump’s
Defining Moments
----
John Feffer Trump
and the Geopolitics of Crazy
----
----
David Macaray Nicola
Sacco, Bartolomeo Vanzetti, and Mary Dyer
----
----
SPUTNIK and RT SHOWS
The nasty business of
US-NATO-Global-wars uncovered .. pro RU view
----
----
----
----
----
----
----
----
----
----
----
----
----
RT SHOWS
----
Keiser
Report Episode
1114 Max & Stacy discuss
the narcissism of central banks holding $15 trillion in their own assets. They also discuss Morgan Stanley saying that
Bitcoin as a better hedge to inflation than gold.
----
----
----
----
NOTICIAS IN SPANISH
Latino America fight
to break with collapsing Empire: leftist
view on alternatives
----
Yemen, entre bombas, anhelos de paz
y crisis humanitaria Guido Luppino
----
----
----
Feminismo & Kurdistán Por qué debemos aprender de las mujeres kurdas
----
----
El plan de China para liderar
tecnología en 2030 Aroa
Fernández
----
----
----
----
----
----
----
PRESS TV
Global situation
described by Iranian observers.. Titles distorted n incomplete sentences
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
No hay comentarios:
Publicar un comentario